Virendra Bhandari has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
CUBEXTUB · price
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Awaiting price reaction for this filing.
Promoter Virendra Bhandari, on behalf of the Promoter and Promoter Group of Cubex Tubings Limited, has filed a declaration with the stock exchanges under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration states that as of 31 March 2025, the members of the Promoter and Promoter Group, including persons acting in concert, have not created any encumbrance (such as pledge, lien, or charge) on the company's shares, directly or indirectly, during the financial year ended 31 March 2025. This is a routine annual compliance filing required by SEBI for all listed companies with a promoter group holding.
This is a neutral, routine compliance filing and not an actionable event. The key takeaway for shareholders is that the promoter group's shareholding remained completely free of pledges and other encumbrances through FY2024-25, indicating no financial stress at the promoter level — a mildly reassuring signal for retail investors.